Monday, December 05, 2016

Trump' Shot Across China's Bow

I was quite pleased with Tump's call with Taiwan's President last week.  The US has been sitting on their hands as China expands their territory in the Pacific, and China has been running roughshod over US-China trade for years with absolutely no response.

The "free-traders" seem clueless on the amount of unfairness in current dealings with China.  How US companies have to set up a partnership with a Chinese company to do business there, but Chinese companies here do not.  How US companies have to put IP in China to do business there, but Chinese companies here do not.  How US companies cannot do acquisitions of Chinese companies, but Chinese companies can and do buy here.

And so on.  The list is endless.  The free traders point to Wallmart, as if saving a few bucks on a TV was worth hollowing out our industrial complex and giving our top IP away to a foreign power.

It is time the US makes things more even on Chinese trade and politics, and one way to do that is to dangle Taiwan in front of them.  I see this as a very promising move by the Trump administration.

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